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Markovich John M.'s Form 4 filing

D-Wave Quantum Inc. (QBTS) · filed Dec 5, 2025

Accession no.
0001453942-25-000008
Filed
Dec 5, 2025
Trade date
Dec 3-4, 2025
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $5.26M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Markovich John M.CIK 0001453942Officer (Chief Financial Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 3, 2025Common Stock, par value $0.0001 per share ("Common Stock")MOption exerciseAcquired+100,000$0.92+$92,0001,582,874Direct
Dec 3, 2025Common Stock, par value $0.0001 per share ("Common Stock")SSaleDisposed−100,000$25.05F3−$2,505,0001,482,874Direct
Dec 4, 2025Common Stock, par value $0.0001 per share ("Common Stock")MOption exerciseAcquired+100,000$0.92+$92,0001,582,874Direct
Dec 4, 2025Common Stock, par value $0.0001 per share ("Common Stock")SSaleDisposed−100,000$27.56F4−$2,756,0001,482,874Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Dec 3, 2025Common Stock, par value $0.0001 per share ("Common Stock")MOption exerciseDisposed−100,000$0.92−$92,000407,926Direct
Dec 4, 2025Common Stock, par value $0.0001 per share ("Common Stock")MOption exerciseDisposed−100,000$0.92−$92,000307,926Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F3

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.165, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Referenced by the price of 1 transaction in Table I.

F4

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $27.50 to $27.65, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)